Retail News Round Up_Dec 24,2015

Retail News :

  • RBI allows foreign investors to buy upto 49 per cent in V-Mart Retail
  • Flipkart ropes in designers like Pitti Imagine and Timzy Batra to help sellers create world-class products
  • Amazon India unit signs MoU with NIESBUD to encourage online growth of small businesses
  • Snapdeals FreeCharge unit keen on running RBIs bill payment system
  • ShopClues announces the launch of exclusive Star Wars merchandise
  • Delhis favourite leather product maker Nappa Dori scouts for space in Mumbai
  • Kwality looks to scoop up midsized dairy companies
  • McVities maker United Biscuits moves to Marie biscuits and cookies
  • Idea launches 4G services starting with 75 towns in South India
  • Swarajya magazine gets Quintype’s CMS in a partnership
  • Mahindra Group Launches MoboMoney, a NFC Based Digital Wallet!
  • MakeInIndia Vivo Opens its First Manufacturing Plant in India; Invests Rs 125 Crores
  • Micromax Smartphones Will Come Pre-loaded with an E-wallet; Partners with TranServ

Today’s Wealth Mantra !

“With the possible exception of things like box scores, race results, and stock market tabulations, there is no such thing as Objective Journalism. The phrase itself is a pompous contradiction in terms.”

-Hunter S. Thompson

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Retail News Round Up_Dec 01,2015

Retail News :

  • Nestle resumes Maggi production at all five plants
  • Fitness wearable brand Mio Global enters Indian market
  • Patel Logistics raises funds from Mauritius-based asset manager Frontline Strategy
  • Digital payments firm TranServ to roll out M-wallet with mVisa, RuPay
  • Quikr set to buy real estate portal CommonFloor.com
  • Tata Global launches instant coffee brand to compete with Nescafe, Bru
  • Kwality starts product sale under brand name ‘Kwality’

  • Yuvraj Singh promoted YouWeCan invests in brand licensing company Black White Orange
  • ZipGo launches bus service for women in Delhi NCR
  • YourStory acquires Papyrus Editor for a cash and stock deal
  • Tech in Asia to launch Indian version of its website
  • Myntra relaunching mobile site; more open approach than Flipkart
  • Alkem Labs to open IPO next week
  • Dr Lal PathLabs IPO to hit stock market next week
  • Rocket Internet backs online budget hotels booking startup ZenRooms
  • Altec Lansing Re-Enters India with a Range of ‘Everything Proof’ Speakers
  • Snapdeal Launches ‘Snapdeal Ads’ for Sellers; Attempts To Emulate Alibaba In Generating Ad Revenues
  • Bharti Airtel to Invest Rs. 60,000 Crores Over the Next 3 years to Improve its Mobile Services

 

Today’s Wealth Mantra !

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”

– Peter Lynch

 

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Morning Business News Round up_December 01, 2015

Morning Business News :

  • IMF approves yuan for benchmark currency
  • India’s GDP growth at 7.4%: Experts’ take
  • April-Oct fiscal deficit touches 74% of full-year target
  • Morgan Stanley to cut up to 25% of fixed-income jobs
  • Manappuram Finance to raise Rs 2,000 crore via NCDs
  • Natco shareholders approve amalgamation of subsidiary with company
  • European shares gain as prospect of ECB boost helps carmakers
  • Pidilite Industries buys some assets of CIC Holdings
  • Emami to hike paperboard investment to Rs 2,000 crore in 3 years
  • Non-banking finance companies step in to fill the void, lend more to SMEs
  • Cipla ready to launch low dose HIV drug ‘Efavirenz’
  • McDowell Holdings’ pledged stake in UBL falls to 3.02 per cent
  • Kwality starts product sale under brand name ‘Kwality’
  • Petrol price cut by 58 paise, diesel price by 25 paise
  • Airtel to invest Rs60,000 crore over 3 years to upgrade network
  • RBI unlikely to act on policy rate till Union Budget
  • Nestle resumes Maggi noodles production at all five plants in India
  • Maruti Suzuki plans land acquisition subsidiary for new dealerships
  • Transporting coal via waterways can save govt Rs10,000 cr annually: Nitin
  • Bookmyshow eyes $4 million in ad sales

  • Small NBFCs plan to build sales teams to draw customers
  • HDFC to list masala bonds in London
  • Relief for Adani Power in additional SEZ tax case
  • Bad loans may rise for Shriram Transport Finance
  • Smaller infra companies reward investors as larger rivals struggle
  • Small NBFCs plan to build sales teams to draw customers
  • RIL faces 40% cut in marketing margin on KG-D6 gas
  • With Jio launch near, Airtel to spend ₹60,000 cr on network
  • SEBI outlines new listing norms for exchanges
  • Quikr set to buy Commonfloor for $200 million
  • Euro Zone banking on Draghi to spur economy
  • Plea for ban on Volkswagen vehicles’ sale: NGT notice to Centre
  • Tata Motors set to launch new hatchback Zica in 2016
  • Dr Lal Pathlabs IPO opens next week for its Rs6.4bn IPO
  • Softbank leads $120 m funding in Grofers
  • Volvo to use FAME India scheme for hybrid bus
  • IDBI Bank stock soars on reports of IFC picking up stake
  • MFs exposure to bank stocks hits record high of Rs. 85,376 cr
  • Rajesh Exports bags export order worth Rs. 1,122 cr
  • Subex allots over 1.86 crore shares upon bond conversion
  • RBI eases norms for accessing foreign loans
  • Defence & Aerosupply conclave begins in Hyderabad
  • States want NITI Aayog to be a knowledge disseminating body
  • Port at Thane Creek in 3 months
  • Miles to go for Essar, Rosneft deal
  • Aircel bullish on data, launches new packs

  • Cochin Shipyard IPO set to sail well
  • Listing norm breach may lead to freezing of promoter holding
  • Indian firms line up for Welspun’s green projects
  • Smallcap index outperform Sensex, midcap second straight month

Today’s Wealth Mantra !

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”

– Peter Lynch

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Retail News Round Up_Nov 28,2015

Retail News :

  • Jabong to launch Black Friday weekend sale
  • Kwality to launch a host of new value-added products in next 3-12 months
  • Goli Vada Pav ties-up with Foodpanda and Swiggy
  • US based Cox Automotive acquires stake in Mahindra First Choice
  • Grofers raises $120M from SoftBank & other investors
  • Paytm partners with Lendingkart to offer loans to sellers
  • Quikr to launch a platform for the film industry with filmmakers
  • Uber launches performance based loyalty programme for its drivers
  • IRCTC Revenues Jump to Record $3 Billion, Posts INR 130 Crore Profits!

 

Today’s Wealth Mantra !

“The four most dangerous words in investing are: ‘this time it’s different.”

– Sir John Templeton

 

 

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